Airlines UK

£26bn cash injection for UK economy up for grabs with a reopening of international travel this summer...read here

  • New report details massive opportunity for the UK economy through trade and tourism so long as current restrictions on air travel are eased this summer
  • Report makes clear the urgent need for the Global Travel Taskforce to recommend a safe and sustainable resumption of international travel on 17 May
  • It highlights the cost of a ‘lost summer’ of international travel – £55.7bn in lost trade and £3.0bn in tourism GDP if reopening delayed until September – putting more than half a million jobs at risk.
  • Being unable to re-open to the EU would cause the most damage, followed by the United States, with no air link to the US until September costing the UK £2.4bn (£23m per day) putting 51,600 jobs at risk
  • Vaccine rollout in the UK and abroad, ever-increasing testing capability and new health certification technology can allow international travel to resume in summer 2021 and avoid costing the UK £47.6bn in GDP this year (over £200m a day) removing the risk to more than a million jobs